New York - Citigroup says it has received a
subpoena from federal prosecutors over its possible involvement in the FIFA
bribery scandal, the first large US bank to receive such a notice from
Citigroup disclosed the subpoena in a
regulatory filing late on Friday, saying it is cooperating with investigators
in the matter.
When they announced charges against
high-level executives of FIFA, world soccer's governing body, last year,
federal prosecutors had said several banks, including HSBC and JPMorgan Chase,
were used to transfer cash.
JPMorgan has not disclosed any
In the filing, Citi said investors
requested information on "banking relationships and transactions at
Citibank and its affiliates associated with certain individuals and entities
identified as having had involvement with the alleged corrupt conduct."
A Citi spokesperson declined to comment beyond